What was Gogoosh's law in Iran's economy?

The Global Spread of Cheques

Throughout the 19th and early 20th centuries, the use of cheques spread globally, paralleling the rise of modern banking institutions. As globalization increased and international trade expanded, the need for secure and reliable payment methods grew. Countries adopted their own versions of cheques, often modeled after the British system. The advent of rail and telegraph communications increased the efficiency of cheque payments, allowing individuals and businesses to transact over greater distances without the need for physical currency.